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investigate stability of partial climate coalitions. Technology spillovers to coalition members increase their incentives to stay … in the coalition and reduce abatement costs, which leads to larger global payoffs and a lower global CO2 stock. Several …
Persistent link: https://www.econbiz.de/10014222615
by Greenberg (1989, 1990) to account for self-enforcing coalitional deviations. An agreement is stable if no coalition …
Persistent link: https://www.econbiz.de/10014138684
This paper considers the problem of standard-creating coalition formation in an oligopoly. Cooperative R&D investments … strength of network effects and the degree of product substitutability are weak, no stable standard coalition is feasible and … the grand coalition is the stable equilibrium, which is also socially optimal. In between these limits a multiple …
Persistent link: https://www.econbiz.de/10014049335
rationality under a certain condition, and well balances the trade-off between coalition effects and externality effects. By …
Persistent link: https://www.econbiz.de/10014069994
In a model where cooperation is beneficial, but subject to cheating, and is supported by trigger strategy punishments in a repeated game, we explore the relationship between the nature of cooperation (size and composition of coalitions) and underlying inequality in the distribution of private...
Persistent link: https://www.econbiz.de/10014071537
from the standard assumption of joint welfare maximization of coalition members, implying ambitious abatement targets and …
Persistent link: https://www.econbiz.de/10014071763
effort and sabotage on a prize set by a principal) is extended to allow for coalitions. Using a sequential coalition … formation model with a coalition externality (larger coalitions make self-enforcing sabotage and synergy strategies more … effective), coalition members coordinate their sabotage-synergy activities. Our main result is a sufficient condition for the …
Persistent link: https://www.econbiz.de/10014072263
This paper compares stability of international environmental agreements for six different rules of coalition formation …
Persistent link: https://www.econbiz.de/10014075305
theory. Kyoto-Protocol, Cartel formation game, Non-cooperative game theory …
Persistent link: https://www.econbiz.de/10014075307
class of coalition formation games with externalities where agents' preferences depend solely on the coalition structures …
Persistent link: https://www.econbiz.de/10014115474